Finance : National Housing Bank (NHB) has decided to play Santa this Christmas and has announced an issue of tax free bonds with coupon/ int...
Goods and Services Tax : Ashish Kedia It seems the arrogance of the government simply refuses to die! Inspite of being witness to one of the largest mass m...
CA, CS, CMA : It all started about 2-3 months ago, when I suddenly starting receiving e-mails in my inbox from unknown people who were enthusia...
Goods and Services Tax : It need not be said that taxation of works contract has always been a vexatious issue. As if controversy pertaining to Works contr...
Goods and Services Tax : The state government’s move to generate revenue by taxing the sale of flats and imposing a VAT levy on the same has stirred up a...
National Housing Bank (NHB) has decided to play Santa this Christmas and has announced an issue of tax free bonds with coupon/ interest rates as under:
Ashish Kedia It seems the arrogance of the government simply refuses to die! Inspite of being witness to one of the largest mass movements over the last 4-5 days by the business community in recent time, the government seems to be in no mood to show any empathy. Octroi taxes have a respectable antiquity, being […]
It all started about 2-3 months ago, when I suddenly starting receiving e-mails in my inbox from unknown people who were enthusiastic to share borrowed knowledge with me – borrowed because was forwarded presentations created by people other than the ones from whom I received the e-mails. It bothered me little, for getting more knowledge seemed no harm.
It need not be said that taxation of works contract has always been a vexatious issue. As if controversy pertaining to Works contract wasn’t enough, the government in a clever move to bolster revenue, brought within its purview transactions relating to sale of under-construction properties w.e.f. 20th June, 2006, as discussed in previous article.
The state government’s move to generate revenue by taxing the sale of flats and imposing a VAT levy on the same has stirred up a hornet’s nest! VAT to many, is seeming like a new entrant to the list of levies on the already heavily burdened real estate sector and therefore there is a stiff opposition that the government is facing from consumers and realtors both.
